The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-12-16
CONDITION OF THE MARKETS
Provisions Absorb Attention to the Ex-
clusion of All Other Commodities.
Pork Opens at Higher Figures, Quickly Rises
and Closes with the Advance Maintained
Wheat Fluctuates in Narrow Range.
MONEY, BONDS AND STOCKS.

The DulIest Day known for Weeks, Closing
at the Lowest Recorded Prices.
NEW YORK, Dec 15.-Money call was
sasy at to per cent, the last loan being
made at A. closing offered at g.
Sterling exchange was dull but frmer at
s4s1s for sixty-dav bills, and 81. So. for de-
mand.
The total sales of stocks to-day were us, $40
shares. including the following Canada South
ern, 3, $50; Delaware. Lackawanna d Western,
$3.50; Erie, 4,110; Lake Shore. $3.50; Louis
vile s. Nashville. $500; Northwestern, 4,93O;
Reading. 43 S40 ST. Paul. u 3O8; Union Pacific,
20. 100; Western Union, II $685.
The stock market was the dullest to-day 1 that
LAS been seen for many weeks, and prices
Gagged nearly tie whole day through. though
the final changes in but few cases amount to
more than small fractions. There was some ex-
pectatioD in bear circles that the illness of
the Crown Prince of Germany would have an
unsettling effect upon the European markets,
which would be reflected here, but the contrary
vas the case, and European buyers orders were
sairly plentiful in the forenoon. The demand
~as not very heavy. however. though the sell
ing was equally light, and the market be-
came extremely dull and the traders displayed
disposition 10 realize the ''long" side.
which sagged the list off slowly,
FLUCTUATIONS DoluP COHEueu 10 IAo
rowest limits. while there was no special
pressure to sell The news of the day was OF
mixed character, though a6vces from Chicago
were uniformly of a depressing nature and the
operators in that city were prominent IN the
selling movement There were only two stocks
in which there was much actvity-Union Pacific
and New England--but while the latter de-
-eloped sudden weakness, the former was
ypecallv strong until the afternoon. when ir
gave way with the remainder. Manhattan was
again notably strong, and after opening down,
advanced 2 per cent Fit. Worth d Denver
strong, and Canadian Pacific was weak. The
opening was somewhat irregular bur generally
firm, advances extending to ! per cent,
ard though there momentary
heaviuess in the early trading,
rally soon followed and fractional
advances established. The list became
very dull. however. and the slight gains were in
most cases lost before the end of the first hour,
after which prices slowly sagged off. Though
Union Pacific and New England were specially
weak during the evening, there was no change
whatever, and the market closed very dull at
about the lowest prices reached. Closing prices
show irregular changes, but declines are in Q
majority, though Canadian Pacific, with IL, WAS
the only important loss, while Manhattan
II and FIT. Worth & Denver per cent
Railroad bonds were very dull, bat generally
firm to strong; sales, $69O.OOO. Closing prices
are generally higher. Chesapeake 81 Ohio ex-
tension tours rose 2, to 20; the currency bonds
p, to %; Cleveland, Columbus, Cincinnati 81
Indianapolis general skies, 2 to 108; Erie First
consols 2 to 135; Ohio s. Mississippi sinking
funds, p, to III. Galveston, Harrisburg & San
Antonio irsts lost 81, to 102-
Government bonds were dull but strong.
State bonds were entirely neglected. Closing